Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$2,599,000
Annual Taxes:$16,826.72
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of OverSouth LLC

Description

Unlock the potential of this well-maintained 6-family building featuring six 2-bedroom, railroad-style apartments, each offering generous layouts, and original architectural details. Ideal for investors seeking cash flow, this property combines historic charm with value-add potential. Situated on a large lot with a deep, private backyard, this property provides rare outdoor space perfect for tenant enjoyment or future development possibilities (R6B Zoning :In Queens, R6B zoning is a high-density residential district that allows for the construction of multi-family buildings, including townhouses and smaller apartment buildings, typically at a four- to five-story scale). Additional highlights: Fully occupied Separate Electric Meters (Water and Oil included in Lease agreements) Convenient location near public transportation, shops, and schools

Unlock the potential of this well maintained 6 family building featuring six 2 bedroom, railroad style apartments, each offering generous layouts, and original architectural details.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.